After reporting strong results for 2021, the investment firm is raising its dividend in line with its assets under management growth.
Zug-based Partners Groups posted a profit increase of 82 percent amounting to 1.46 billion Swiss francs ($1.60 billion) in 2021, it said in a statement Tuesday, after signaling the upward trend in January.
The private equity company's assets under management (AuM) swelled to 17 percent totaling $127 billion, while performance fees increased by 46 percent of total revenues driven by «record exit activity and strong portfolio performance post COVID-19,» it said.
The company will propose a dividend increase of 20 percent to 33 francs per share, in line with its AuM growth.
Partners Group reconfirmed its guidance of gross client demand in the range of $22-26 billion in 2022.
Its investment exposure to Russia and Ukraine was below 0.2 percent of AuM, it said.
